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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 107,130 $ 53,714
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 108,205 104,095
Stock-based compensation 45,305 44,686
Provision (benefit) for deferred income taxes 8,982 (7,814)
Amortization of debt discount and issuance costs 11,618 4,850
Restructuring-related software charges 0 2,818
Other non-cash reconciling items, net (121) 4,379
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable (43,766) (18,419)
Prepaid expenses and other current assets (13,029) (4,927)
Accounts payable and accrued expenses (85,366) (31,312)
Deferred revenue 29,286 25,243
Other current liabilities (9,473) 13,701
Other non-current assets and liabilities 2,079 996
Net cash provided by operating activities 160,850 192,010
Cash flows from investing activities:    
Cash paid for acquired businesses, net of cash acquired (121,464) (79)
Cash paid for equity method investment (40,213) 0
Purchases of property and equipment (69,752) (51,584)
Capitalization of internal-use software development costs (72,677) (61,491)
Purchases of short- and long-term marketable securities (10,625) (73,352)
Proceeds from sales of short- and long-term marketable securities 244 16,196
Proceeds from maturities of short- and long-term marketable securities 547,793 59,540
Other non-current assets and liabilities 2,935 (715)
Net cash provided by (used in) investing activities 236,241 (111,485)
Cash flows from financing activities:    
Repayment of convertible senior notes (690,000) 0
Proceeds related to the issuance of common stock under stock plans 19,774 22,738
Employee taxes paid related to net share settlement of stock-based awards (38,639) (29,714)
Repurchases of common stock (34,872) (19,785)
Other non-current assets and liabilities (1,558) (3,900)
Net cash used in financing activities (745,295) (30,661)
Effects of exchange rate changes on cash, cash equivalents and restricted cash 1,601 1,165
Net (decrease) increase in cash, cash equivalents and restricted cash (346,603) 51,029
Cash, cash equivalents and restricted cash at beginning of period 1,036,987 314,429
Cash, cash equivalents and restricted cash at end of period 690,384 365,458
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net of refunds received of $1,176 and $4,476 for the three months ended March 31, 2019 and 2018, respectively 44,165 18,313
Cash paid for operating lease liabilities 30,504  
Non-cash activities:    
Operating lease right-of-use assets obtained in exchange for operating lease liabilities 29,257  
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses 49,627 18,555
Capitalization of stock-based compensation $ 8,831 $ 7,811